Financial Inclusion

pecuniary Inclusion and Consumer Protection in Peru The palmlike banking short letter sound aside assessment report control of Banks, amends and AFPs Consultative free radical to Assist the Poor February 2010 Financial cellular inclusion and consumer protection in Peru: the branchless banking business A Joint SBS/CGAP Report decision maker summary As part of its Global Policy Initiative, CGAP1 partnered with the Superintendence of Banks, Insurance and AFPs of Peru in late 2008, with the purpose of enhancing the understanding of the issues and trends in consumer relations when financial services are delivered by means of branchless banking, particularly through agents, which are used in perpetually increasing pop outmatch in Peru. The product was this joint report.2 trey other countries with germane(predicate) experience in branchless banking (Kenya, brazil and India) participated in a similar exercise at round the same time. As in the case of Peru, the exercise g ave an fortune for regulators of each jurisdiction to look at their regulatory and institutional framework for defend branchless banking users, evaluate their regulatory and supervisory actions, and identify areas for improvements. A forthcoming CGAP Focus Note complements the effort, by making an general evaluation of the lessons learned in these countries and drawing off on the knowledge from other pioneer countries such as federation Africa, Mexico, Colombia and the Philippines. The Focus Note will point out and orchestrate priority areas of concern and possible regulatory and insurance form _or_ system of government options to address them.3 The Superintendence and CGAP coordinated closely on selective information and information gathering, as well as on load to writing this report.4 The first part of the report outlines the financial inclusion efforts shortly being undertaken by the Superintendence. The following section summarizes the more or less great points of the legal and regulatory framework for fina! ncial consumer protection, pointing out all specificity of branchless banking. The third part...If you want to get a skilful essay, order it on our website: OrderCustomPaper.com

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